09-28-2012 08:27 AM
09-28-2012 05:25 PM
Why close them? Instead, just freeze the unused ones. Personally, I'd start with the lower CL ones, especially the store cards. The additional credit limit is handy for overall utilization but if it is a hassle to maintain that many just let them chill. Over time you might get them closed by the issuer for non use anyway. It depends on the age of the accounts as well.
09-28-2012 07:50 PM
guys the op posted this in june.....
and said he would app for a new card in september....
|Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)|
Starting total revolving credit: $2600 | Current total revolving credit: $21,600
Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012
|Amex Zync(Unicorn) |
10-07-2012 04:43 AM
If you do....then I certainly do
Amex Gold Premier
Amex Blue Cash Preferred
Chase Saphire Preferred
Wells Fargo Platnum
Wells Fargo Platnum Rewards
Credit union Platnum Visa
Penfed Platnum Visa Rewards
Citbank Platnum Select
USAA World Mastercard
US Bank visa
Nationwide Bank Visa
Capital One Visa
Capital One Cash Rewards
1st Savings Mastercard
Exxon Mobil Gas Card
Credit union Personal Line of Credit
Just Manage them.......its not that hard......sit down and figure out what each does for you and where to best apply each. Manage by memorizing all your statement dates, due dates, passwords, and use mobile alerts as well as email alerts. Practice paying in full almost all the time, and never miss a payment. Pay above the minimums if you can't pay in full. If you can't pay in full, pay off the balance in two months if possible.. Do this consistently. Watch what you charge...never use the cards for gambling....excessive trips to the liquor store..etc. Try to never do a balance transfer, never take a cash advance on any card....and watch your scores go thru the roof. I have watched those that grow with me and have closed 8 cards in the last year. I will be closing 4 more within a couple of months. But I will open a new one only for higher credit limits and if I believe they will grow with me over time. My credit score skips back and forth from high 700's into low 800's. It gets easier over time and almost routine.
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